$1,700 Per Month
- 1 Bed
- 1 Bath
- Condo for Rent
70 Stewart Ave Unit 1, Hempstead, NY 11550
Property Id: 2069088 Newly renovated, fully furnished with amenities, such as, cable TV, wifi, security cameras and private entrance with doorbell.
Frequently Asked Questions
How much does it cost to rent a condo in Hempstead, NY?
The median rent for a condo in Hempstead, NY is $2,750 per month, though prices vary by neighborhood, size, and property type. As of September 2026, townhouses tend to be the most affordable option while condos and single-family homes are currently more expensive.
How much do you need to make to afford rent in Hempstead, NY?
To comfortably afford the median rent in Hempstead, NY, a household needs to earn roughly $125,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $3,125 per month in Hempstead, NY, renters typically need to show $9,375 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Hempstead, NY?
In Hempstead, NY, the price-to-rent ratio is 17.4, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Hempstead, NY are best for renting a condo?
The best neighborhood for renting in Hempstead, NY depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Central Jamaica, Bayside, Kew Gardens, Flushing-Willets Point and Murray Hill-Broadway, each with its own character and price range.
